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20130121
20130121
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
to another potential issue. the republicans determination to shut down government, to let the debt ceiling hang out, to risk a loss of credit, are they still on that same front? >> i think they are seeing the handwriting on the wall. when you look at these bipartisan votes, you have paul ryan voting for higher taxes. you have both ryan and rubio voting for immigration reform now. and i think you're going to see enough votes in the center to raise the debt ceiling without any kind of -- chris: are they jumping shark on this? >> i think so. i think the public is certainly sick of it. and i also think the business community doesn't want to hear anything about shutting down the government. chris: you're the expert. i real me mean this. people advise me on making financial decisions. they think the economy looks pretty good. don't mess it up. >> it does look pretty good, as best we can tell. the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president
down the road until april, the debt ceiling, let you raise the debt ceiling and violate the things we promised we wouldn't do to the people that elected us. in return, you guys, senate democrats come up with a budget and you haven't passed one in 1300 some days. chuck schumer says i'll make a deal and take you up on the offer guess what, in the new budget we're going to tax more, tax all you people to agreed to the deal that they just came to january 1st, that deal is done we'll keep that and give another, another bite of at that apple. stuart: this is a financial issue. it's a budget issue, so they need a straight up or down vote in the senate and the democrats have a majority in the senate, but i'll put it to you, a couple of democrats there, who are going to say we're not all for more and more and more taxes because we know what it's going to do to the economy. it's not a done deal, is it? they're pushing for it, but it ain't done. >> listen, harry reid, remember when john boehner was going to bring the vote to the house and he didn't have the votes after he'd said i'm going to bri
as the concern over the debt ceiling and the fiscal cliff winds down. cheryl: i'm sure there's a lot of investment banks right now in new york that are celebrating what you just said. we shall see. john, we will have more of your pick merck on thursday. merck's chairman and ceo will be sitting down with liz claman in davos switzerland, that interview is coming up later on this week. technology stocks took off last year. they've started off 2013 pretty strong, except for one name, apple. shares of apple this year have already fallen 6% in the first 13 trading days of the year. will the earnings report on wednesday be a turn around or will it send the stock going lower? plus will the rest of the sector follow its lead? we will have more on that coming up next. cheryl: business continues. investors gearing up for a big earnings week this week. tech giants apple and google both set to report. but let's take a look at some other major tech stocks that are in the green so far for the year. starting with some of the computer makers, fox business reported last week that dell may be looking t
. they tried to force the issue using the debt ceiling in 2011, using the fiscal cliff in january. i am as gung-ho as any of them to force obama into cutting spending. but it failed, and the reason is, you cannot govern from one house of the congress. that is the truth. i wrote a column this morning saying essentially, you have to recognize, you cannot use these things come up as in the end, you will have to cave. you will be humiliated and our ratings will be low, as you indicated, and you will not get the spending cuts anyway. certainly, i do not think the republican house will want to go over the cliff. >> the president of the united states has gone from dealing with the big problem that faces the whole country to try to destroy the republican party. this is exactly what the public does not want. we are turning into small, petty brinksmanship. let's see if we can crush the republican party. he has given up on the larger and more n >> i am not going to say who was right or wrong in the negotiations but the reason that this grand bargain has twice fallen through is that john boehner knew that
. and then with the debt ceiling, same thing. i do think there's some evidence that republicans are saying, you know, in part for public image reasons but maybe in part because of good economic reasons, we can't keep whacking away at the economy like this to please our base we ha. >> it's not about the two parties necessarily shifting their philosophical positions or moving together but more of a practical decision by the house leadership to recognize the limits on what they can accomplish with the majority in the house and the limits in terms of the public support for their position. you know, one of the things, chuck, the president used the campaign to do was to try to lay out in front of the public the competing visions for approaches to economic growth and deficit reduction. he feels like he's been vindicated, and i think republicans in the votes that jared was just talking about str recognized he has a point. >> yeah, but, john, it all boils down to there's a very different vision when you're talking about a government that takes about 23%, 24% of gdp and one at 20%, 21% like budget chairman ry
. and more instance show downs are looming. one example the debt creel and controlli -- debt ceiling and what americans describe as out of control spending. what do key republicans take with the attitude toward congress at this point? >> to get real solutions president obama needs to understand what will pass in the republican led house. it will also be acceptable to him. lawmakers tend to be unhappy when the president goes around them. they called on mr. obama to do better. >> he speaks in general terms likes the executive order approach a whole lot better than the legislative approach. you can't get all that foreign with executive order. you have to legislate and you have to legislate realistically. you have to realize you don't control the entire congress. >> republicans don't like that the president is converting his campaign apparatus into a purpose that helped him in his second term. they are thinking that is probably not a good sign in working in a bipartisan fashion. >> one area where they do not agree at all is over the budget. it>> it has been a source of problems when they work on
're going to hold a vote that is going to be held wednesday to raise the debt ceiling temporarily. why would they do something like this, which might seem at first blush to be backing down. there were a couple of reasons, scott. first of all they looked at polling when they were out there at that retreat it looks like the polling that you were just talking about. it showed that americans by a pretty significant margin trust the president over house republicans when it comes to things like the deficit which is one of their signature issues. and spending and the economy. what republican leaders were trying to convey to some of their more junior members, perhaps who like the idea of really holding the white house's feet to the fire on issues like this, if we want to be seen as a governing party not just an opposition party that is constantly threatening to take the government in to a shutdown or default we are going to have to show that we are reasonable. and the fact is that they are going to hold this vote now and they still get another bite of the apple three months from now to try to push t
of the tea party which supported him to some sort of compromise short term, at least, on the debt ceiling. >> was it compromise or just a strategy to move a bigger fight down the road? >> i think it's an indication, a telltale sign about where the republicans are. four years ago, when the president was making that speech, republicans were meeting at night. >> exactly. >> deciding how to defeat him when he won for re-election. they lost that, big time. he had a very robust electoral victory and significant popular vote victory. now the republicans are in disarray, trying to organize their party so they have a future. and they're going to have to deal with the reality of that as well. it is a party that is so broken into a lot of parts on the gop side and there's going to have to be a lot of mending down and more outreach as well. >> couple of key areas. the president has focused on energy independence. people close to him say that could be an unlikely bipartisan legacy for president obama and health care. party line vote, divided the country. implementation will be tough. he will have to s
on it yet. >> i, too, noticed those offers on things like the debt ceiling. but, general, what you've -- there's the real first couple of new york and washington, d.c. beyonce and jay-z entering. that will get a lot of attention. we just missed james taylor coming down the stairs. general, there's just flat out hatred out there, too. there is nastiness out there in the land. there's nastiness between these two parties. there's the president and mrs. carter. how do we fix that? let's especially go to the republican party. they've got -- they've been -- they've been caucusing. they've been quite literally in retreat these past few days. house republicans. what do they do to widen, if it is in their interests, widen their doorway to membership, to entry? >> well, as i've been saying and sat with david gregory the other day, the party is not where the american people have been in recent years. when you lose an election, you have 47% or 46% negative you better figure out what is wrong. for the last several weeks, a lot of people have been speaking to me. why didn't mitt romney win? and
Search Results 0 to 10 of about 11 (some duplicates have been removed)